NOT LISTED FOR SALE

2025 2nd Ave SW Minot, ND 58701

Estimated Value: $297,000

8 Beds
4 Baths
1,501 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 11, 2020

Current estimated payment $1,940/month

91 Days on Market

About This Home

As of May 2020

Updated 4-plex with a good rental history located in SW Minot. All 4 apartments are 2 bedrooms and 1 bath. The exterior has updated vinyl siding, windows, and shingles. Coin operated clothes washer & dryer. Tenant pays for heat & lights.

Last Agent to Sell the Property

Mike Pellenwessel

Preferred Partners Real Estate Listed on: 12/30/2019

Last Buyer's Agent

Lucas Knight

SIGNAL REALTY License #9804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1963

Lot Details

  • 0.33

Parking

  • Gravel Driveway

Home Design

  • 1,501 Sq Ft Home
  • Quadruplex
  • Split Foyer
  • Concrete Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,021

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Foyer
  • Additional Comments: SELLER PD
  • Additional Comments 3: $4,591 CONCESSIONS
  • Age: 50+
  • Flooded: Yes-R
  • FILLYEARBUILT: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Microwave, Dishwasher, Refrigerator, Range/Oven
  • Has Basement: Finished, Full, Daylight
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage 1: None
  • Garage 2: None

Utilities

  • Air Conditioner: Wall
  • Heating: Electric
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Minot #1
  • School District: Minot #1

Lot Info

  • Acres: Less
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $23,700

Tax Info

  • Taxes: $3021(EST)
  • Tax Year: 2018
  • Taxes Exp: $3,021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
May 11, 2020
Sold by
Magco Llc
Bought by
Stephens Charles E
Seller's Agent
Mike Pellenwessel
Preferred Partners Real Estate
Buyer's Agent
Lucas Knight
SIGNAL REALTY
List Price
$174,900
Current Estimated Value
$297,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$173,910
Outstanding Balance
$156,317
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$68,683
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stephens Charles E $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Charles E $173,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold -- -- --
03/30/2020 03/30/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $174,900 -- $117 / Sq Ft
Source: Minot Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,460 $130,500 $28,500 $102,000
2023 $4,568 $125,000 $25,000 $100,000
2022 $3,243 $93,000 $25,000 $68,000
2021 $2,867 $85,500 $25,000 $60,500
2020 $3,190 $96,000 $25,000 $71,000
2019 $3,006 $89,000 $25,000 $64,000
2018 $2,757 $82,500 $25,000 $57,500
2017 $3,021 $98,000 $27,500 $70,500
2016 $3,099 $124,500 $27,500 $97,000
2015 $2,744 $124,500 $0 $0
2014 $2,744 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Pellenwessel

    Preferred Partners Real Estate

    (701) 833-8430

    59 Total Sales

    Mike Pellenwessel
    Section Image
  • Lucas Knight

    Buyer's Agent in 2020

    Lucas Knight

    SIGNAL REALTY

    (701) 720-9163

    130 Total Sales

    Lucas Knight
    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 192625

Minot Multiple Listing Service

APN: MI-22500-040-014-0

North Dakota Ward County Minot 58701

2025 2nd Ave SW, Minot, ND

This home is located at 2025 2nd Ave SW, Minot, ND 58701 since 30 December 2019 and is currently estimated at $297,000, approximately $197 per square foot. This property was built in 1963. 2025 2nd Ave SW is a home located in Ward County with nearby schools including Perkett Elementary School, Jim Hill Middle School, and Magic City Campus High School.

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